Business
Business, 12.11.2019 04:31, BigCra

Astartup firm in a perfectly competitive market finds that its average total cost is higher than the market price. since the firm is incurring​ short-run losses, the management is debating whether to continue operations. alex​ ferguson, a senior​ manager, feels that this is a temporary phase and the firm should continue operations. which of the​ following, if​ true, would support​alex's argument?

a. the managers of the firm have worked for other firms that produced products with an even greater difference between average total cost and market price.

b. other firms in the same industry have higher labor costs but lower raw material costs.

c. the current price of the product covers the variable cost of production.

d. economic activity in recent months has been sluggish.

e. the price of the product is expected to remain stable over the coming months.

answer
Answers: 1
Get

Other questions on the subject: Business

image
Business, 21.06.2019 16:00, mistiehaas
C. a. webb talks about people coming to work by bike, by bio-diesel car, and by commuter rail. these are designed to
Answers: 1
image
Business, 22.06.2019 03:00, Frankia
Big arber company ordered parts from a foreign supplier on november 20 at a price of 50,000 pigios when the spot rate was $0.20 per pijio. delivery and payment were scheduled for december 20. on november 20, big arber acquired a call option on 50,000 pigios at a strike price of $0.20, paying a premium of $0.008 per pijio. it designates the option as a fair value hedge of a foreign currency firm commitment. the fair value of the firm commitment is measured by referring to changes in the spot rate. the parts arrive and big arber makes payment according to schedule. big arber does not close its books until december 31. a. assuming a spot rate of $0.21 per pijio on december 20, prepare all journal entries to account for the option and firm commitment
Answers: 3
image
Business, 22.06.2019 07:10, firdausmohammed80
​mark, a civil engineer, entered into a contract with david. as per the contract, mark agreed to design and build a house for david for a specified fee. mark provided david with an estimation of the total cost and the contract was mutually agreed upon. however, during construction, when mark increased the price due to a miscalculation on his part, david refused to pay the amount. this scenario is an example of a mistake.
Answers: 1
image
Business, 22.06.2019 12:00, jybuccaneers2022
Agovernment receives a gift of cash and investments with a fair value of $200,000. the donor specified that the earnings from the gift must be used to beautify city-owned parks and the principal must be re-invested. the $200,000 gift should be accounted for in which of the following funds? a) general fund b) private-purpose trust fund c) agency fund d) permanent fund
Answers: 1
Do you know the correct answer?
Astartup firm in a perfectly competitive market finds that its average total cost is higher than the...

Questions in other subjects:

Konu
Mathematics, 18.10.2019 10:30
Total solved problems on the site: 7533180